Stock Market Updates for Today (19th July '11)
After a shaky start and a subsequent spell in positive territory, the market drifted down into the red a little before noon, but staged a smart rally in afternoon trade and ended on a high note on Tuesday, tracking cues from European bourses where stocks moved higher after a firm start.'
The mood, till an hour past noon, was quite cautious, albeit with a slightly positive bias. Investors appeared in no mood to go on any big buying, perhaps choosing to wait for key results from India Inc. However, following a positive start in European markets, stocks started moving higher in afternoon trade and mostly closed near their best levels of the session.
The Sensex, which rose to 18,690.42 from a low of around 18,481, ended the day at 18,653.87 with a gain of 146.83 points or 0.79%. The National Stock Exchange's Nifty closed at 5613.55, well off the day's low of 5557.20, recording a gain of 46.50 points or 0.84%.
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